Lemantrend (Indicator Profile Series)

[@murranz]

When life gives you Lehmans Make Leman-trade

[@CrisAlvarado-g1x]

I used it on an EA in 2014, good indicator for me

[@Jjsaint007]

Bsst one for me ❤❤❤

[@hai.1820]

Thanks VP!

[@ennetibivlad2101]

total trade 62 whit the basic tweaks, this number camed out calculating the w+L or are included even the chalks

[@hijack80]

Cheers VP

[@Juhno]

Based on my own tests a few years ago, you could choose a much worse indicator than this. Testing period was 2016-2020 and only one year was "bad". And that too was (barely) on the green.

[@Csj597]

Kinda like the vortex indicator. They cross pretty much at the same time in my backtests.

[@philnewpower]

Lehman’s trend always gives me a raging semi. 😂 Actually forgot about this one 🎉 thanks

[@DEETHOW]

Should I trust you with theses indicators?

[@NoNonsenseForex]

This is a strange question. But don't trust me, run the numbers and decide if you trust the data.

[@DEETHOW]

Hell yeah !

[@archravenineteenseventeen]

VP only introduces the indicator which majority probably never even heard of. The back testing and forward testing depends on what pairs you use this plus other indicators algorithm is up to you.

[@SanjeevKumar-gz3ks]

Can I trade 1h to pass funded account faster and then shift to 1d for better result in long run?

[@archravenineteenseventeen]

You can't. Because when you pass you'll get interviewed and if it's not to their liking for the way you trade, you'll get disqualified

[@hlomulanindlovu4182]

62 trades in a daily time frame seems excessive. Also there was the word chalks used back then when testing indicators, is it still a thing?

[@NoNonsenseForex]

It's always a thing, but they don't factor in here. And I personally think 62 is too many myself as well.

[@hlomulanindlovu4182]

@NoNonsenseForex when chalking up signals, do we ignore indicators that have good win rate but high chalks? Sorry for the follow up question

[@raysitunyama3001]

King v.p I wanted to ask what must I do I'd My algorithm give out very less trades but its profitable must I tweak the settings to get more trades then back test?

[@NoNonsenseForex]

It's all about the ROI. If a faster system gives you better ROI, then use that one. If not, then you're good where you are.

[@raysitunyama3001]

Thanks boss

[@nathanbutcher7720]

Default settings on this one kinda suck, but under optimization it can be made better

[@NoNonsenseForex]

Don't let the Fib gang hear you say that 😆

[@nathanbutcher7720]

@@NoNonsenseForex There's a Fib gang? "That's a nice chart you've got there, would be a shame if a bunch of meaningless lines were to appear on it.... wouldn't it now?"

[@SanjeevKumar-gz3ks]

If I risk 2% per trade (as you said earlier) and trade 27 pairs at a time in 1d...then there will be 27 active trades at any given point of time, it means I am risking 54%(2×27 pairs) at a time... It doesn't sound practical. Then how else will it work? I'm confused.

[@nathanbutcher7720]

I think you'll probably run out of leverage before you trade all 27 pairs. Especially with retail 1:30 leverage

[@CrisAlvarado-g1x]

Watch all the videos genius

[@KyleBaran90]

You also want to trade unrelated pairs. If you have say, EURUSD and USDJPY, why would you open another USD/X trade?

[@Trendlines_mc]

Hey watch all the videos, than watch the technical analysis playlist while taking notes... Than start with Confirmation indicators than go on... Don't overdose on the backtesting tho

[@SanjeevKumar-gz3ks]

But the question still remains the same... Do we have to risk 2% in total or risking 2 % every trade.??

[@CrisAlvarado-g1x]

Try purple cloud plz

[@Porphyrogenitus1]

Chop around! Chop around! Chop up, chop up, and chop down! (reaction to the reference of the absolute state of crypto these last few months). (I shoulda had a jape related to the Lehman Brothers joke but I couldn't think of a good new one).

[@KyleBaran90]

Jokes on you, I dont need an outside indicator to crash and burn